oc | Sunday 26th January

Bayside/Port Phillip, Port Phillip



Port Phillip Weekly

The two key properties of the 8 $million plus properties up for auction this weekend in Port Phillip were:

18 Faussett Street, , which we had rated well at 673. This , managed by Michael Coen, was a goodie, having been recently renovated to a high standard, with off-street car parking and only minutes to Victoria Avenue. It was passed in on a vendor bid of $1,650,000.

73 Mills Street Middle Park, we had rated at 595. This property, managed by Simon Gowling, sold for $1,502,000 with four bidders, having been declared on the market at $1,490,000. It had a clever renovation, including a really smart master bedroom, retreat and small study in a second-storey extension. Regrettably its southerly rear and lack of off-street car parking impacted on its rating.

Last weekend I mentioned the sale of a vacant block at 17 Hambleton Street, Middle Park – a Marshall White property, managed by Kaine Lanyon, which sold at auction. Interestingly, buyers saw in this new home site, probably because they would not have to deal with the many heritage issues associated with renovating period properties during the planning and building stages.

This week I inspected a smaller version of 17 Hambleton Street at 48 Kerferd Road, Albert Park – a Greg Hocking property, managed by John Holdsworth. This is being quoted at $950,000 plus, and is to be auctioned on Saturday the 1st of September. It is similar because the home can be demolished or renovated (STCA). For a single-fronted property it has good width at 6 metres, 225sqm (approx) of , rear car access and a prized northerly orientation. It will be interesting to see if buyers value this rare offering over a property with an untouchable period home.

Only two properties over a are up for auction next week in Port Phillip – one in and in East . Bring on Spring.

 

BRIGHTON EAST, 28 Ferguson St
BRIGHTON EAST, 28 Ferguson St | Halli Moore (Buxton)
Under Hammer: $1,280,000 - 4 Bidders (Photo: Jen Milligan)
Bidderbuzz Auction
"With a break in the wet weather, Halli Moore decided to brave the winter chill and hold the auction outside. Around 40 people, who were getting cosy in the warm living area, headed outdoors and huddled around Halli as he commenced proceedings. A genuine offer came from the crowd at $1,150,000 and the auction was underway. A second, then third and eventually fourth bidder entered the fray and Halli soon had a bidding war on his hands. At $1,280,000 Halli announced that the property was on the market. Without attracting any more bids on the day, the hammer came down at this price soon after to the very happy couple who laughed and embraced as the crowd showed its appreciation." (Jen Milligan)

 

Biggest Sale: BRIGHTON EAST, 1 Clive St
Paul Sutherland (Hodges); Under Hammer, $2,665,000 - 3 Bidders

"The auction of this grand Victorian home, complete with 3 storey tower, attracted a huge crowd of more than 150 people who filled the large dining and living areas at the rear of the house, and spilled into the kitchen and down the hall way - all trying to see auctioneer Paul Sutherland (Sutherland Farrelly in conjunction with Hodges) who was our master of ceremonies for the day. Paul gave a thorough and entertaining preamble as the rain poured down outside - luckily the home was large enough to fit everyone in on such a wet day! Paul suggested a start of around $2,000,000 and that is exactly where the bidding commenced as an offer came quickly from the crowd. There were soon three bidders in the mix and after a short referral with the owner, it wasn't long before Paul announced that the property was indeed on the market at $2,550,000. The bidding war continued and the three parties involved were both strong and entertaining, more than once drawing chuckles from the large crowd. When the hammer finally came down at $2,665,000, the crowd showed its appreciation by applauding heartily. A great auction by Paul and strong bidding throughout." (Jen Milligan)

 

Biggest Pass In: ALBERT PARK, 18 Faussett St
David Wood (Hocking Stuart); Passed In: $1,650,000 - 0 Bidders

"Auctioneer David Wood looked a little cramped conducting the auction in the kitchen of 18 Faussett Street, due to miserable weather conditions outside. David suggested to the small crowd that they hadn't left the many local cafes just for the fun and he would prefer to get an opening bid from them rather than having to place a vendor bid. No one took up David's offer and a vendor bid of $1,650,000 was made. Still no interest and half time was called - after a short half time the property was re-offered to the market again with no interest and the property was passed in on the single vendor bid of $1,650,000." (Guy Angwin)
$1M+ bayside/port phillip Featured Auctions
673
/1000
JAMES HOME RATINGS
ALBERT PARK: 18 Faussett St
18 Faussett Street
PASSED IN: $1,650,000
UNDISCLOSED
JAMES HOME RATINGS
BLACK ROCK: 41 Bayview Cr
41 Bayview Crescent
PASSED IN: $1,400,000
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON: 48 Ebden St
48 Ebden Street
BOUGHT: $1,273,500
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON: 133 Were St
133 Were Street
BOUGHT RANGE*: $1,361,780 - $1,498,100
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON EAST: 1 Clive St
1 Clive Street
BOUGHT: $2,665,000
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON EAST: 28 Ferguson St
28 Ferguson Street
BOUGHT: $1,280,000
UNDISCLOSED
JAMES HOME RATINGS
ELWOOD: 2 Dryden St
2 Dryden Street
PASSED IN: $1,650,000
600
/1000
JAMES HOME RATINGS
MIDDLE PARK: 64 Carter St
64 Carter Street
BOUGHT RANGE*: $1,314,789 - $1,446,405
595
/1000
JAMES HOME RATINGS
MIDDLE PARK: 73 Mills St
73 Mills Street
BOUGHT: $1,502,000
556
/1000
JAMES HOME RATINGS
MIDDLE PARK: 181-183 Neville St
181-183 Neville Street
PASSED IN: $1,150,000
654
/1000
JAMES HOME RATINGS
SANDRINGHAM: 1 Fernhill Road North
1 Fernhill Road North
BOUGHT: $1,600,000
Stonnington Weekly
port phillip Scheduled Auctions
PORT MELBOURNE
27 Edwards Avenue, PORT MELBOURNE
Bought undisclosed
27 EDWARDS AVENUE
ELWOOD
2 Dryden Street, ELWOOD
Bought $1,700,000
2 DRYDEN STREET
MIDDLE PARK
181-183 Neville Street, MIDDLE PARK
Bought undisclosed
181-183 NEVILLE STREET
MIDDLE PARK
73 Mills Street, MIDDLE PARK
Bought $1,502,000
73 MILLS STREET
bayside Scheduled Auctions
SANDRINGHAM
1 Fernhill Road North , SANDRINGHAM
Bought $1,600,000
1 FERNHILL ROAD NORTH
BLACK ROCK
41 Bayview Crescent, BLACK ROCK
Bought undisclosed
41 BAYVIEW CRESCENT
BRIGHTON EAST
28 Ferguson Street, BRIGHTON EAST
Bought $1,280,000
28 FERGUSON STREET
BEAUMARIS
8 Hornby Street, BEAUMARIS
Bought $1,405,000
8 HORNBY STREET
ADDRESSRESULTPRICEIMPROVED $/SQMBOUGHT
BEAUMARIS
8 Hornby StreetBoughtBought (2012-08-25) - $1,405,000$2,8102012-08-25
BLACK ROCK
41 Bayview CrescentPassed InPI: $1,400,000$2,8102012-08-25
BRIGHTON
133 Were StreetBoughtR: $1,361,780 - $1,498,100$2,003 - $2,2032012-08-18
48 Ebden StreetBought$1,273,500$2,9012012-08-18
BRIGHTON EAST
1 Clive StreetBought$2,665,000$1,5972012-08-18
28 Ferguson StreetBought$1,280,000$2,2152012-08-18
SANDRINGHAM
1 Fernhill Road North Bought$1,600,000$1,4722012-08-18
ALBERT PARK
18 Faussett StreetPassed InPI: $1,650,000
ELWOOD
2 Dryden StreetPassed InPI: $1,650,000
MIDDLE PARK
73 Mills StreetBought$1,502,000$9,3292012-08-18
64 Carter StreetBoughtR: $1,314,789 - $1,446,405$6,059 - $6,6652012-08-18
181-183 Neville StreetPassed InPI: $1,150,000$6,059 - $6,6652012-08-18
PORT MELBOURNE
27 Edwards AvenueBoughtR: $959,000 - $1,055,000$3,025 - $3,3282012-08-18
8 Sandridge AvenueBought$1,190,000$4,8182012-08-18
bayside Private Sales
BRIGHTON EAST
5 StFinbars  Crescent, BRIGHTON EAST
Bought: undisclosed
5 STFINBARS CRESCENT
BRIGHTON
1 Wellington Street, BRIGHTON
Bought: undisclosed
1 WELLINGTON STREET
BRIGHTON EAST
5 St Finbars Crescent, BRIGHTON EAST
Bought: $1,087,500
5 ST FINBARS CRESCENT
BLACK ROCK
441 Beach Road, BLACK ROCK
Bought: undisclosed
441 BEACH ROAD
REPORTED BAYSIDE PRIVATE SALES
REPORTED PORT PHILLIP PRIVATE SALES
ADDRESSBOUGHT PRICEIMPROVED $/SQM
BEAUMARIS96 Tramway Parade$1,200,000$1,247
BLACK ROCK441 Beach RoadUndisclosed
BRIGHTON4 Avonbury CourtUndisclosed
2 Were StreetUndisclosed
1 Wellington StreetRange: $6,808,900 - $7,490,500$2,815 - $3,097
BRIGHTON EAST5 Churchill CourtUndisclosed
5 StFinbars CrescentUndisclosed
5 St Finbars Crescent$1,087,500$1,478
ALBERT PARK7 Danks Street$1,950,000$15,234
PORT MELBOURNE143 Cruikshank StreetUndisclosed
MIDDLE PARK, 73 Mills St
MIDDLE PARK, 73 Mills St | Damian O'Sullivan (Marshall White)
Under Hammer: $1,502,000 - 4 Bidders (Photo: Guy Angwin)

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